Crypto Will Survive Bear Market But Won’t Replace Money: Allianz Chief Economist

Crypto Will Survive Bear Market But Won’t Replace Money: Allianz Chief Economist


Crypto will survive the current market sell-off because it’s here to stay. However, cryptocurrencies won’t replace fiat money anytime soon. That’s the assessment of Allianz chief economist Mohamed El-Erian. “Cryptocurrencies will exist. They will become more and more widespread, but they will be part of an ecosystem,” El-Erian said at the Consensus: Invest conference in New York. “They

The post Crypto Will Survive Bear Market But Won’t Replace Money: Allianz Chief Economist appeared first on CCN

Posted by Samantha Chang on November 29, 2018 @ https://www.ccn.com/crypto-will-survive-bear-market-but-wont-replace-money-allianz-chief-economist/

Comments are closed.